Monday 23 December 2024
 
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Damietta Port

Egypt's Damietta Port to construct new berth

Egypt's Transport Ministry has signed a contract for the construction of a 630-m-long and 17-m-deep berth at Damietta, one of the oldest ports in the country, with an adjacent handling yard totaling 75,000 sq m. The agreement

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Egypt's Damietta Port to construct new berth

Egypt's Transport Ministry has signed a contract for the construction of a 630-m-long and 17-m-deep berth at Damietta, one of the oldest ports in the country, with an adjacent handling yard totaling 75,000 sq m. The agreement

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AUB, ABC sign $480m deal to finance Egypt port

Ahli United Bank BSC (AUB) and Arab Banking Corporation (ABC) today announced a deal to finance a $480 million port development in Egypt. The facility agreement was signed by the banks with Damietta International Port Company (Dipco).

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